nominal Example Sentence:

The price of uranium oxide, from which fuel for nuclear power plants is made, has risen from $7.25 a pound in 2001 to $47.25—a record in nominal terms.

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Related: nominal

Prev: Changes in the money supply affect the short-term nominal interest rate.

Next: Most economists think that the “neutral” rate of interest, which would neither stimulate nor restrain demand in the euro area, is now more than 3% (in nominal terms).